Market Recovery Accelerates as SPY Reclaims Key Levels Amid Rate Cut Optimism 09/13/2024

Market Recovery Accelerates as SPY Reclaims Key Levels Amid Rate Cut Optimism

The early September selloff in the SPY was notably unusual, with a 4.51% decline over seven trading days. However, the SPY has rebounded impressively, closing today with a strong bullish signal by surpassing the September 3rd high of 560.81, a key indicator of market resilience…